No green wavee in johor.... green wave only in bursa....

https://www.thestar.com.my/news/nation/2023/09/09/no-039green-wave039-in-johor-says-tebrau-mp

https://focusmalaysia.my/big-win-for-ph-in-pulai-and-comfortable-ph-win-in-simpang-jeram/

War started 🖕.....

https://www.google.com/amp/s/www.malaymail.com/amp/news/money/2023/09/08/knm-group-aims-to-sell-heat-exchanger-business-for-22m/89770

KUALA LUMPUR (Sept 8): The bid to take control of KNM Group Bhd by a group of shareholders led by Andreas Heeschen comes as “no surprise” considering how undervalued the company is, said its chief executive officer and managing director Ravindrasingham Balasingham.

Heeschen, who emerged as a substantial shareholder this month, “has had a keen interest” in KNM’s crown jewels Borsig Group and FBM Group, and “has made unsuccessful acquisition attempts in the past, even as late as last year”, Ravindrasingham said in a statement. The EDGE

https://www.freemalaysiatoday.com/category/business/2023/09/08/bnm-to-resume-rate-cuts-in-early-h1-2024-says-bmi/ ........ Property counters goreng time.........

Hold on to your shares tight2.......

War starting at KNM ....... “We have kept the creditors informed and have assured them that YM Tunku Datuk Yaacob Khyra is very serious about his controlling stake in KNM Group and if necessary, he will not hesitate to increase his stake,” he said, adding that the management is in discussion with lawyers, advisers and forensic specialists on the next course of action.

Borsig German Pride ...... It means alotttttttttttt................

https://www.bloomberg.com/news/articles/2023-09-06/china-s-property-stocks-rally-on-speculation-of-more-stimulus?srnd=premium-asia

Vrooooooom UEM......

Herr knows how valuable Borsig is...... If he can do something with it and turnaround knm, he can make a huge handsome gain and save Borsig's German pride...... Hopefully MAA will fight it out and we minority shareholders will gain more....... Always remember, germans can deal with germans better.....

https://www.cnbc.com/2023/09/06/chinese-property-stocks-surge-after-country-garden-avoids-default.html

MIDF up target price to rm1.48

https://theedgemalaysia.com/node/681073

Genetech 2.0 is coming..... 🖕

https://medium.com/@solarking/enovix-journey-to-scale-manufacturing-milestones-108b8c43cefe

Uems to rally on above news on Monday???

https://theedgemalaysia.com/node/681049

PP at 84 cents and now its only 83 cents...... CHEAP SALE......

Renewable energy player Sunview Group Bhd has planned a private placement to raise an estimated RM39.31 million to fund its engineering, procurement, construction and commissioning projects. The placement entails the issuance of up to 46.8 million new shares — representing 10% of Sunview’s issued shares — to independent investors at an issue price to be determined. The group said the assumed price of 84 sen represents a discount of 9.87% to the five-day volume weighted average market price of Sunview’s shares up to the latest practicable date of 93.20 sen. THE EDGE

Look at ekovest and iwcity QR.... big loses and they still climb yesterday non stop....

Fully agree @johnchew123.....

Sunview PP at 84 cents... looks like they are going to push the price up ( like ekovest yesterday ) ...... Hold on guys....

Important is what the IB thinks..... It could go green??? PN17 lifting....

What is the 2Q2023 core net profit? MAYBANK IB forecasting rm30mil compare to 1Q2023 core net profit of rm42.5mil...

More importantly, AAX stated demand and fares are rising in 3Q23 on seasonally higher demand. Traditionally the airline carries fewer passengers in 2Q23 due to seasonally lower demand.

Maybank Investment Bank (Maybank IB) Research expects its 2Q23 core net profit to hit about RM30mil as compared to 1Q23 earnings of RM42.5mil.

What will happen when a company's PN17 status is lifted???

As of end-June, AAX’s cash balance was RM269 million while shareholders’ equity stood at RM96.1 million.
PN17 going to be lifted.....

Yes makeba..... Q1 2024 starting production on Gen 2 line 1 Enovix battery..... up to 9 million per year.... make US2 per battery already US18 million per year.... what is a loss of RM1 mil from previous Q..... Q1 2024 is not very far off.... Stock market suppose to be 6 mths forward looking....

https://theedgemalaysia.com/node/680242

In YBS, people are looking into the Enovix deal now.... Can producrion be up and producing by April 2024.... dun think its recent QR holds much weight in its pricing now.....

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3378914

https://theedgemalaysia.com/node/679926

Selling at value more than 3 billion.....

KUALA LUMPUR: Boustead Holdings Bhd is selling no less than 30 per cent stake in Boustead Plantations Bhd (BPlant) to Kuala Lumpur Kepong Bhd (KLK) in a deal which values the company at more than RM3 billion, according to sources.

https://www.google.com/amp/s/www.nst.com.my/amp/business/2023/08/946588/boustead-sell-stake-plantation-arm-klk

https://themalaysianreserve.com/2023/08/23/boustead-plantations-suspends-share-trading-amidst-speculation-on-stake-disposal/

QR should be bad...... together with other plantation stocks...... Prices now should be moving becos of bidding of bplant.....

https://theedgemalaysia.com/node/678952

PIVB Research reported Middle Eastern party acquiring Sapura in the open market.......

https://www.bernama.com/en/business/news.php?id=2212102

Accordingly it will be 4 lines.....

YBS doing Fab2 Line 1 ..... able to produce 9 mil batteries ( according to size ) per year ...... lets say 1 battery profit US2 ..... Profit per year from here will be US18million..... RM81million per year .....

Fab2 Line 1 will generate 9 million batteries a year...... YBS another Genetech???

Mida is with them.... its in the news....